Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

Ports of Indiana Appoints Brady Jacoba as Chief Commercial Officer

Ports of Indiana Appoints Brady Jacoba as Chief Commercial Officer

Bahri, Hadeed to Explore Collaborative Maritime Transport Solutions

Bahri, Hadeed to Explore Collaborative Maritime Transport Solutions

Baltic Exchange Launches New Intermediate Tanker Indices as Trade Grows in Northwest Europe

Baltic Exchange Launches New Intermediate Tanker Indices as Trade Grows in Northwest Europe

Supermaritime Nederland B.V. Appoints Milan Tevel as General Manager, Expands Warehouse Capacity

Supermaritime Nederland B.V. Appoints Milan Tevel as General Manager, Expands Warehouse Capacity

Subscribe for Maritime Logistics Professional E‑News

Airliners continue to avoid Iran & Iraq despite reopening of airspace
US approves sale of equipment and services for Peruvian Naval Base
Mitsubishi will buy Texas and Louisiana Shale Gas assets for $7.53 Billion